Dion Ltd acquired a 60% ownership interest in Sean Ltd on 30 June 2018, On the same day Sean Ltd acquired a 70% ownership interest in Jayden Ltd. The following inter-entity transactions have taken place between the entities in the group during the years ended 30 June 2019 and 30 June 2020. i. On 1 July 2018 Sean sold an item of plant to Jayden for a profit of $40 000. The ii. On 1 September 2019, Jayden paid a dividend of $50 000 from profits earned iii. Dion lent $60 000 to Sean on1 January 2019. Interest charged on the loan for the remaining useful life of the plant at the date of transfer was 4 years. since 30 June 2018. year ended 30 June 2019 was $4000 and for the year ended 30 June 2020 was 8000. On 31 May 2019 Dion sold inventories to Jayden for $30 000. Profit earned on the sale was $4000. Jayden sold the inventories to external parties on 1 August 2019. iv. Details of profits earned by entities within the group for the years ended 30 June 2019 and 30 June 2020 are: 30 June 2019 30 June 2020 Dion Sean Jayden 200 000 170 000 40 000 250 000 140 000 70 000 The tax rate is 30% 1) For the sale of plant on 1 July 2018, what is the net NCI adjustment for the year ending 30 June 2019? S7 000 S8 400 a. c. S10 000 S11 200 Nil 2) The NCI share of profit in Jayden for the year ended 30 June 2020 is: $23 200. S21 000. $40 600. $28 000. S52 500. a. c. e